Google & Meta move $11 billion off Australian shores | Amazon’s Aussie sales hit record high | Adidas' unlaunched shoes break records

Google and Meta have transferred almost $11 billion of Australian revenue to offshore entities over the past year to reduce their tax locally. Amazon's cart is overflowing with cash… pulling in $4.77 billion from Aussies in 2025… as local spending on the platform hits a record high. Adidas shares…

Microsoft invests $25 billion into Australia | WarnerBros Discovery vs Hollywood | SpaceX eyes $60 billion AI purchase

Microsoft is investing a whopping $25 billion into Australian data centres… as demand for AI just keeps booming. Warner Bros Discovery’s investors have overwhelmingly approved the $110 billion Paramount takeover deal… but some others aren’t too happy about it. SpaceX eyes a $60bn acquisition of A…

Cochlear's biggest one-day fall in 30 years | Intrepid Travel billion-dollar push | Adobe's $25 billion share buyback

Cochlear, the ASX-listed hearing implant company, has seen its share price plummet 36% - its biggest one day fall in 30 YEARS. Intrepid Travel, the Aussie tour group operator, is buying its way to billion dollar status… by snapping up French rival Altai. Adobe has announced a massive $25 billion …

NAB braces for bad debts | Mecca's in-store surge | Apple CEO Tim Cook steps down

NAB’s share price has dropped more than 3% as it prepares for a downturn for its business customers. Mecca’s revenue grew to $1.43 billion by the end of last year… … all thanks to opening a string of brick and mortar stores. Apple’s CEO Tim Cook has announced plans to step down, with his long-tim…

Zip strikes BNPL success in the US | Gucci is launching smart glasses | Amazon $11.6 billion bonanza

Zip Co has seen its shares spiked up to 24% after announcing an upgrade to its earnings guidance thanks to the US. Gucci is teaming up with Google to launch smart glasses… as it fights to save its profits and make Gucci gucci again. Amazon is acquiring satellite company Globalstar for $11.6 billi…

Qantas and Virgin cut flights | Uber invests $10bn into robotaxis | Allbirds pivots to AI Birds

Qantas and Virgin Australia are cutting their lower demand flights because fuel prices continue to bite their bottom line. Uber is driving away from the gig economy… and pulling into the robotaxi lane with a $10 billion investment. Allbirds, the NZ founded shoe company has seen its shares soar ov…

MCoBeauty hit in copycat lawsuit | IKEA cuts 365-day returns | Coachella brings in the bucks

MCoBeauty, the Australian dupe-beauty giant, is facing US lawsuits over claims it has copied its luxury competitor. IKEA is winding back its famous 365-day refund policy as returns are eating into their flat-pack-margins. Coachella Week 1 is done and dusted… and the Californian region is counting…

Aussies are hoarding the pantry | Yen tanks, Uniqlo thanks | Anthropic's playing AI gatekeeper plus a special guest joins us

SPC, the fruit and veg processor, has been a major beneficiary as Aussies are stocking up on baked beans and canned goods. Uniqlo is heading for another record year, with global expansion driving a surprise surge in profits. Anthropic is holding back its most powerful AI mode… and only giving it …

Canva rebrands as AI company | AustralianSuper dumps $1 billion | Levi Strauss' denim comeback

Canva has acquired two new startups as it tries to reposition itself from design-software to AI-marketing company. AustralianSuper has dumped nearly $1 billion from its ESG fund as it tightens ethical investing rules. Levi Strauss has seen its shares jump 10% after its strongest sales in 4 years……

NextDC's 100-year loan (for a 15 year old company) | SafetyCulture goes on the offensive | AI giants team up against Chinese competitors

Aussie data centre operator, NextDC is issuing a 100-year, $1 billion bond to fund its booming data centre expansion. SafetyCulture kicks off its acquisition spree by buying Sydney-based AI start-up Twine as it prepares for the AI era. AI rivals OpenAI, Anthropic, and Alphabet’s Google have begun…